Restamax Plc: Addition to Restamax's stock exchange release published on 5 April 2017 at 10:00am (EEST): Smile Henkilöstöpalvelut grows, buys Banssi Henkilöstöpalvelut
Restamax Plc
STOCK EXCHANGE RELEASE 5 April 2017 at 3:00pm
Addition to Restamax's stock exchange release published on 5 April 2017 at 10:00am (EEST): Smile Henkilöstöpalvelut grows, buys Banssi Henkilöstöpalvelut
Restamax supplements the information contained in the stock exchange release it published today 5 April 2017 at 10:00am concerning the previous result development and financial position of the entity purchased.
The supplemented information concerning the previous result development and financial position of Pasianssi Group is presented below.
The previous result development of Pasianssi Group, which produces labour hire services, has been as presented below (TEUR):
| 1 January-31 December 2016 | 1 January-31 December 2015 | |
| Turnover | 19,371 | 12,825 |
| Operating profit | 1,144 | 739 |
| Profit from financial period | 710 | 479 |
The financial position of Pasianssi Group as per the 31 December 2016 balance sheet (TEUR):
| ASSETS | 31 December 2016 |
| Non-current assets | |
| Intangible rights | 9 |
| Tangible assets | 39 |
| Non-current assets total | 48 |
| Current assets | |
| Inventories | 94 |
| Current receivables | 2,841 |
| Cash equivalents | 85 |
| Cash and cash in bank | 805 |
| Current assets total | 3,825 |
| ASSETS TOTAL | 3,873 |
| LIABILITIES | 31 December 2016 |
| Equity | |
| Share capital | 3 |
| Other reserves | 42 |
| Profit from previous financial periods | 377 |
| Profit from financial period | 710 |
| Equity total | 1,132 |
| Minority shareholding | 186 |
| Credit capital | |
| Long-term | 41 |
| Short-term | 2,514 |
| Credit capital total | 2,555 |
| LIABILITIES TOTAL | 3,873 |
Additional information:
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655
Distribution:
NASDAQ OMX Helsinki
Major media
www.restamax.fi
Restamax Plc is a Finnish restaurant business and labour hire services group established in 1996. The company, which listed on NASDAQ OMX Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The Group companies include some 120 restaurants, nightclubs and entertainment centres all over Finland. Well-known restaurant concepts of the Group include Stefan's Steakhouse, Viihdemaailma Ilona, Classic American Diner and Colorado Bar & Grill. In 2016, Restamax Plc's turnover was MEUR 130.1 and EBITDA MEUR 19.4. Depending on the season, some 1,100 persons converted into full-time employees work at the Group. The workforce of Restamax subsidiary Smile Henkilöstöpalvelut Oy is about 4,500.
Restamax company website: www.restamax.fi, Restamax consumer website: www.ravintola.fi, Smile Henkilöstöpalvelut: www.smilepalvelut.fi